The Depository Trust & Clearing Corporation (DTCC) is now moving U.S. Treasuries custodied by its subsidiary, the Depository Trust Company (DTC), onchain via the Canton Network. The tokenization enables direct settlement and improves transparency for sovereign debt within blockchain infrastructure, opening new liquidity pools and yield opportunities for institutional traders.

Separately, the Lighter protocol has launched LIT trading with a fee structure matching Hyperliquid's model. Lighter's fee alignment signals a strategic play to capture traders already acclimated to Hyperliquid's low-latency, high-throughput environment on its purpose-built Layer 1 for perpetual futures.

The move reflects growing institutional adoption of blockchain infrastructure for both asset tokenization and derivatives trading, as traditional finance and decentralized protocols converge around efficiency and market access.